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27 Apr

Generali shareholder showdown to decide CEO Donnet's fate

Generali's shareholders will decide the future of the Italian insurer's CEO Philippe Donnet in a vote on Friday, after a rebel investor locked in a bitter power struggle proposed a rival.

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27 Apr

'Great Resignation' sees more companies offer equity to staff

Companies in North America and Europe plan to give more employees an equity stake in their businesses to help retain talent amid a pandemic-induced "Great Resignation", a survey showed on Wednesday.

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27 Apr

Retailer WH Smith may raise prices to meet higher shipping costs

(Reuters) -WH Smith may have to raise the prices of certain products this year after the British retailer flagged higher shipping costs from the Far East, inflationary pressures and potential impact from the Ukraine conflict.

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27 Apr

GSK tops forecasts as consumer health spin-off nears

GSK beat first-quarter sales and earnings forecasts on Wednesday, helped by demand for its COVID-19 therapy and shingles vaccine, as the drugmaker moves towards the July separation of its consumer health business.

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27 Apr

T-Mobile adds higher-than-expected subscribers on 5G demand

T-Mobile US Inc on Wednesday beat estimates for subscriber additions in the first quarter, as it benefited from the rollout of new 5G cellular networks.

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27 Apr

EU court rejects Airbnb plea on Belgian information for tax authorities

Europe's top court on Wednesday rejected a case brought by accommodation services company Airbnb Ireland against Belgian regional legislation requiring it to provide information to tax authorities on tourist transactions.

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27 Apr

Exchange operator CME quarterly profit jumps 24% on market volatility

(Reuters) -Futures exchange operator CME Group Inc reported a near 24% rise in quarterly profit on Wednesday, helped by market volatility spurred by the Russia-Ukraine war and as investors hedged against rising interest rates.

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  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
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